The banks aren’t loaning money freely, and many people no longer qualify for mortgages under new federal guidelines and with the prevalence of foreclosure histories. As a result, land contracts are becoming more common. In fact, it is our belief that this trend will continue for years to come. Whether you are the Seller or Buyer in a land contract, we can help. We can also put the paperwork together if you think this is the way you want to close.
Often, the Seller doesn’t know what to do if the payments for principal, taxes, or insurance are not being made on a timely basis. We can help by advising you of your rights or representing you in court in a forfeiture or foreclosure proceeding. The more you know and the sooner you act, the better your situation will be. Give us a call so we can help sooner rather than later.